According to the public record, 40, Malcolm Road, Grimsby is a mid-century freehold house with 796 ft2 of internal area and sits on a 392 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Malcolm Road, Grimsby, DN34 is located within the DN34 postal district.
40, Malcolm Road, Grimsby has a single entry in the Land Registry database from March 2024 and a single entry in the EPC database dated May 2023.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 40 Malcolm Road Grimsby as £125,113 and the rental value as £570 per month giving an expected gross yield of 5.5%.
Over the last 12 months the sale value of 40 Malcolm Road Grimsby has increased by £1,012 (0.8%) and its rental value has increased by £28 per month (5.0%).
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 40, Malcolm Road, Grimsby is in very good condition we estimate a sale value of £131,368 and rental value of £599 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £116,355 and a rental value of £530 per month.
If you were able to purchase this property for the estimated value of £125,113, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £615 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to data from HM Land Registry, 40, Malcolm Road, Grimsby sits on a plot of 392m2.
We have plot size data on 19 out of 39 other houses in the postcode and 40, Malcolm Road, Grimsby sits on the largest plot.
According to HM Land Registry, 40, Malcolm Road, Grimsby was last sold on 13 Mar 2024 for £142,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Mar 2024, the market for similar properties has risen 1.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 40, Malcolm Road, Grimsby within a radius of 600 metres over the last 2 years.
The most recent example is 21, Welland Avenue, Grimsby, DN34 5JP, a Freehold house which sold for £135,000 in Feb 2024.
Read more about house prices in DN34.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Malcolm Road, Grimsby, DN34 has a total of 39 addresses. According to our analysis of all the public data, 40, Malcolm Road, Grimsby is the 12th largest and the 10th most expensive property on the street.
When compared to the postcode district it is £12k less expensive than the average property in DN34.
40, Malcolm Road, Grimsby has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 16 May 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 40, Malcolm Road, Grimsby is Grimsby Town station which is 2.6 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 40, Malcolm Road, Grimsby, 41.6% of property is privately owned with a mortgage and 38.4% is privately owned outright.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 40, Malcolm Road, Grimsby, 14.8% of residents are recorded as possessing school level qualifications and 21.5% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 40, Malcolm Road, Grimsby, the average age was 40.4 and the most common age was 57.
The graph below shows how this compares to Yorkshire and The Humber and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 40, Malcolm Road, Grimsby, 0.4% of property was a second home.
Comparison figures for Yorkshire and The Humber and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 40, Malcolm Road, Grimsby, there are an average of 1.3 cars per household.
See below for how this compares to Yorkshire and The Humber and the rest of England & Wales.